5001 112th St E presents investors with the opportunity to acquire a stabilized, income-producing commercial asset located in the rapidly growing Parkland/Tacoma submarket of Pierce County.
The property is currently occupied by an established commercial tenant, providing immediate in-place cash flow and eliminating initial lease-up risk. This offering is ideal for investors seeking passive income through a single-tenant net-leased or modified-gross commercial investment in a strong suburban corridor with continued residential and commercial expansion.
Strategically positioned along 112th Street E with convenient access to Pacific Ave S (SR-7), the property benefits from strong daily traffic counts, surrounding residential density, and proximity to Joint Base Lewis-McChord (JBLM), one of the region’s largest employment centers.
Additional Notes: 3% annual increases; Lease in place through 12/18/2030; Two, 5-year options to renew; Tenant willing to discuss longer term early renewal